August 29, 2014 5:47 AM ET

Insurance

Company Overview of Allianz Australia Limited

Company Overview

Allianz Australia Limited, through its subsidiaries, provides insurance and risk management products and services in Australia and New Zealand. It offers personal insurance products, such as car, home, landlord, life, travel, boat insurance, and pet insurance, as well as roadside assistance programs. The company also provides small business insurance products for retailers, trades and services, business essentials, hospitality, office and professional, manufacturing and wholesaling, property owners, and business vehicles. In addition, it offers commercial and corporate insurance solutions, such as business, trades and services, farm, crop, property, risk finance, commercial motor and fleet, ...

2 Market Street

Sydney, NSW 2000

Australia

Founded in 1914

Phone:

61 7 3023 9322

Key Executives for Allianz Australia Limited

Chief Executive Officer and Managing Director
General Manager of Corporate Affairs
Compensation as of Fiscal Year 2014.

Allianz Australia Limited Key Developments

Allianz Australia Limited Reports Earnings Results for the Year of 2012

Allianz Australia Limited reported earnings results for the year of 2012. For the period, the company grew by a solid 10.7% in 2012 compared to 2011 to a record Gross Written Premium of AUD 3.74 billion. Profit for the year improved to AUD 490 million, up from AUD 420 million in 2011. Premium growth was seen across all of distribution channels and came from a combination of growth in policy numbers and premium rates. The results in 2012 were assisted by more benign weather than 2011, which was one of the worst years on record for natural catastrophes in Australia.

Allianz Australia Limited Announces Executive Change

The Board of Management of Allianz SE and the Board of Directors of Allianz Australia Limited announce that Niran Peiris has been appointed as the next Managing Director (CEO) of Allianz Australia Limited. Mr. Peiris will commence his new role on January 1, 2013 following the retirement of Allianz's long-standing Managing Director, Terry Towell. Mr. Peiris currently holds the positions of Chief General Manager, Retail Distribution, and CEO of Allianz Australia Life Insurance.

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